The developer of an energy project linked to Malaysia's king, Sultan Ibrahim Iskandar, says it could attract 144 billion ringgit ($35 billion) worth of investment from global investors in the long term and help support the nation's economy.
Cyclone Ditwah has killed 123 people across Sri Lanka, with another 130 missing, according to AFP, as torrential rains caused the country's worst flooding in over two decades.
One of Rachel Reeves' first moves on becoming Chancellor of the Exchequer was to give greater power to Britain's budget watchdog. Little more than a year later, prominent members of her own Labour Party want to curtail it.
Electricite de France SA is seeking to convince France's largest construction firms to work together on new nuclear reactors as the state-owned utility tries to contain project costs.
Keir Starmer has six months to prove his mettle to his party amid swirling doubts within the governing Labour Party that he can reverse plunging public confidence in his UK administration.
Airlines across the world canceled hundreds of flights and scrambled to adjust schedules, as a major Airbus SE software glitch threatened to derail a crucial holiday travel season.
Northwestern University has reached a deal with the Trump administration to restore hundreds of millions of dollars in research funding and close all pending federal investigations, while paying the government $75 million over three years.
Sergey Brin gave away more than $1.1 billion worth of Alphabet Inc. stock this week, with most of the money going to a nonprofit the Google co-founder created.
Regulators in Puerto Rico tentatively approved a contentious deal with billionaire Wes Edens' New Fortress Energy Inc. to supply liquefied natural gas to the US territory.
